Tuesday, November 25, 2014

Europe Cereal Ingredients Market is Expected to Reach $224.0 million in 2019


The Europe Cereal Ingredients market report defines and segments the concerned market in Europe with analysis and forecast of revenue. The market is estimated to grow from around $175.9 million in 2014 to $224.0 million by 2019, at a CAGR of 5.0% from 2014 to 2019.

Browse through the TOC of the Europe Cereal Ingredients market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the market, and is supported by various tables and figures. 
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Due to the rise in health concerns regarding highly processed food products, the need for consumption of cereals has increased. People are looking to cut back sugar, fat, and bread and shift to healthier alternatives, such as a quick healthy cereal breakfast. Moreover, packaged bread and pastry products may not appeal to increasingly health-conscious consumers. Food habits with regards to their health issues have changed. People opt for more nutritious food. Hence, the consumption for breakfast cereals has increased in the European market.

Cereals epitomize the growth potential in Europe with the shift to packaged goods. It is not only replacing non-packaged items but also cooked, traditional breakfasts. This will also wipe out major health issues like obesity concerns and ageing population. The consumer demand for processed food, without compromising on taste and nutrition, is expected to spur the growth of the cereal ingredients market in this region.

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Europe is considered to be one of the major markets, wherein Russia is the largest market for cereal ingredients that contributed a major share of around 26.6% in 2013. The five major players of this market are Cargill (U.S.), Bunge (U.S.), Kerry Group (U.S.), Associated British Foods (U.K), ADM (U.S.), and others. Cargill is the major player accounted a share of 21.0% followed by Bunge with a share of 18.0% in the year 2013.

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The cereal ingredients market is segmented and projected based on type, which are barley cereal, corn cereal, oat cereal, rice cereal, wheat cereal, and others. Wheat cereal is the most preferred application of cereal ingredients. The cereal ingredients market is further segmented on the basis of its forms, such as flakes, puffs, grits, chunks, and others. The market is further segmented and forecast based on major countries, such as Russia, the U.K., Germany, France, Italy, and others.
This report comprises market share and value chain analyses, along with market metrics such as drivers and restraints. In addition, it also presents competitive landscape and company profiles of the key players in this market.

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